-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Indonesia, the world's leading producer of thermal coal, exported 171.
5 million tonnes of coal from January to May this year, and is expected to export 435 million tonnes
for the full year, the ministry said in a statement on Wednesday.
According to the Indonesian Coal Miners' Association (APBI), the country exported 488.
8 million tons of coal
in 2019.
APBI Chairman Pandu Sjahrir said in an industry webinar that the coronavirus crisis has "severely impacted" global coal markets
, including Indonesia.
Global seaborne demand in 2020, estimated at 980 million tonnes before the crisis, has now been revised down to 895 million tonnes
, he said.
China's lockdown so far this year and the ongoing coronavirus restrictions in India and the Philippines have hit Indonesia's shipments hard
.
"Given that Indonesian thermal coal exports about 65% to these three countries, the impact on Indonesian thermal coal is the largest
," Sjahrir said.
"Global demand for coal is not expected to return to 2019 levels
until 2022.
Energy Ministry spokesman Agung Pribadi said in a statement that Indonesia was discussing increasing exports
to new markets such as Vietnam, Bangladesh and Pakistan.
Indonesia produced 228 million tonnes of coal as of May, about 42 percent
of its annual production target of 550 million tonnes, the statement said.
Indonesia, the world's leading producer of thermal coal, exported 171.
5 million tonnes of coal from January to May this year, and is expected to export 435 million tonnes
for the full year, the ministry said in a statement on Wednesday.
According to the Indonesian Coal Miners' Association (APBI), the country exported 488.
8 million tons of coal
in 2019.
APBI Chairman Pandu Sjahrir said in an industry webinar that the coronavirus crisis has "severely impacted" global coal markets
, including Indonesia.
Global seaborne demand in 2020, estimated at 980 million tonnes before the crisis, has now been revised down to 895 million tonnes
, he said.
China's lockdown so far this year and the ongoing coronavirus restrictions in India and the Philippines have hit Indonesia's shipments hard
.
"Given that Indonesian thermal coal exports about 65% to these three countries, the impact on Indonesian thermal coal is the largest
," Sjahrir said.
"Global demand for coal is not expected to return to 2019 levels
until 2022.
Energy Ministry spokesman Agung Pribadi said in a statement that Indonesia was discussing increasing exports
to new markets such as Vietnam, Bangladesh and Pakistan.
Indonesia produced 228 million tonnes of coal as of May, about 42 percent
of its annual production target of 550 million tonnes, the statement said.
